15th November 2018
HKA, the world’s leading construction claims and dispute resolution firm, has launched CRUX, its integrated research programme. CRUX provides valuable insight into claims and dispute causation from major capital projects around the world.
The aim of CRUX is to better understand claims and dispute causation and to reinvigorate the debate about how best to reduce the prevalence of disputes across the engineering and construction (E&C) industry.
HKA’s first CRUX Insight report provides a digital perspective on its initial investigation into common engineering and construction dispute causation factors across 257 commissions on which HKA has provided claims consulting and dispute resolution services. This unveils causation complexity on major projects with a capital expenditure in excess of US$400 billion, with an average of 13 interrelated factors for each commission.
Toby Hunt, Partner and Chief Business Development Officer, said: “The E&C industry is forecast for major growth in the coming decades, presenting unparalleled opportunity and greater potential for risk. The expectation to deliver more, quicker and for less is asked of an industry that has arguably failed to respond to calls for change for decades.
“Our aim for this report and for future CRUX Insight is to better inform stakeholders and the wider industry of the interrelated causes of claims and disputes on projects so they can better manage risk and uncertainty on major capital projects, helping to achieve successful business outcomes,” he added.
Over the last 40 years, HKA has been at the forefront of claims consultancy and dispute resolution services for the construction, manufacturing, process and technology industries. In coupling industry expertise with academic credentials, its people are leaders and problem-solvers who have provided consulting, expert and advisory services on some of the world’s most challenging and prestigious projects across a wide range of industry sectors.
For further information, contact enquiries@hka.com
